Tesla Motors (TSLA US) (“Tesla” or the “Company”) once again defied skeptics by reporting acceptable financial results that appear to have been unanticipated by disbelieving investors. While the aftermarket surge is not necessarily an indicator of what’s to come next week or next month, reported financial disclosures and management commentary …
ANTYA’s previous opinion on NXP Semiconductors NV–An Intriguing Investment proved prescient from the vantage point of an opinion piece, but less than useful for investors looking to make a bet on a positive outcome, since May 13, 2018, the day we published our opinion was a Sunday, and in the …
Broadcom Corp Cl A (BRCM US) (“Broadcom” or the “Company”) surprised equity markets by announcing a bid for CA Technologies (“CA”) after markets closed on July 11, 2018. If the aftermarket reaction of investors to the deal is any indication, few are cheering. After a down day in the markets, …
Tesla Inc. (“Tesla” or the “Company”) has done the impossible. As illustrated in figure 1, Tesla not only achieved its production goal of 5,000 models 3 cars per week; it is likely to exceed it going forward. Based on Musk’s tweet, in the final week of June 2018, Tesla surpassed …
ANTYA has always been wary of media reports highlighting or even forecasting Xiaomi Corporation’s (“Xiaomi” or the “Company) valuation prior to the IPO as if it were gospel. The media stories seemed to be leading investors to a pre-determined outcome. If the CDR had succeeded perhaps all that advertising and …
Xiaomi Corp’s (1810 HK) (“Xiaomi” or the “Company’) current stock offering of 1.434 billion shares from the treasury and 745.14 million shares from the existing shareholders and an over-allotment option of 326.94 million shares has the market on edge. More details about the offering are available in Xiaomi IPO Review …
We have been pleasantly surprised by the significant interest shown by users in our equity value estimate of Xiaomi Corp (1810 HK) (“Xiaomi” or the “Company”). Our realistic assessment of the Company’s valuation appears to be at odds with media stories, sell-side bankers, China optimists, and others. Recently, skepticism expressed …
After Musk’s bold call that Tesla shorts have about three weeks to make good on their bets, Martin Tripp ( “Tripp”), the rogue employee, tripped the bulls by indulging in what Tesla calls sabotage, theft of intellectual property and a campaign of disinformation against the Company. To illustrate that Tesla …
A rapidly growing Chinese economy and the wholehearted embrace of technology by its citizens has created unfathomable wealth and opportunities for early entrants into China. For the Tencent Holdings Ltd (700 HK), Alibaba Group Holding Ltd (BABA US) and Baidu Inc (ADR) (BIDU US) (“Baidu” or the “Company”) troika, China’s …
At Tesla Inc.’s shareholder meeting on June 5, 2018, Elon Musk carried the day, when long-term stockholders comprehensively defeated dissident shareholder proposals in favour of maintaining the status quo. That suggests long-term investors continue to hold sway over the company and the distracting media din was just that. There were …
Investors and market watchers continue to exhibit a schizophrenic personality when it comes to parsing the outcomes of U.S. employment data. We have been steadfast in our view since the beginning of 2018 – as discussed in our monthly analysis of U.S. employment data – that investors should prepare for …
On a down day in the markets, when President Trump’s administration announced the implementation of steel and aluminum tariffs on NAFTA partners and European allies, causing much consternation and confusion, General Motors (“GM”) made a materially important proclamation by partnering with Softbank Corp’s Vision Fund (“Vision”). According to the release …